The worldwide EV charging station market stood at 896.0 thousand items in 2018, and is predicted to succeed in 74,369.9 thousand items in 2030, rising at a CAGR of 28.7% from 2022 to 2030.
In keeping with Priority Analysis, the worldwide EV charging station market stood at 896.0 thousand items in 2018, and is predicted to succeed in 74,369.9 thousand items in 2030, rising at a CAGR of 28.7% from 2022 to 2030.
MARKET DRIVERS
– GROWING SALES OF ELECTRIC VEHICLES WORLDWIDE
– GROWING DEMAND FOR EV FAST CHARGING INFRASTRUCTURE
– GOVERNMENT FUNDING FOR THE DEVELOPMENT OF CHARGING STATIONS
– ELECTRIFICATION OF THE AUTOMOTIVE INDUSTRY
DISTRIBUTIONS
– SUFFICIENT STANDARDIZATION OF THE CURRENT EV CHARGING INFRASTRUCTURE
– HUGE INITIAL SET UP COST FOR FAST CHARGERS
OPPORTUNITIES
– USE OF V2G EV CHARGING STATIONS FOR ELECTRIC VEHICLES
GLOBAL EV CHARGING STATION MARKET, BY PAYMENT LEVEL
The Degree 1 market stood at 56.9 thousand items in 2018, and is predicted to succeed in 3,323.2 thousand items in 2030, rising at a CAGR of 25.0% from 2022 to 2030.
Degree 2 is the best contributor to this market, with 717.9 thousand items in 2018, and is predicted to succeed in 52,735.1 thousand items in 2030, registering a CAGR of 27.4% from 2022 to 2030.
Then again, Degree 3 exhibits the quickest progress within the projected time interval. The extent 3 phase stood at 121.3 thousand items in 2018, and is predicted to succeed in 18,311.7 thousand items in 2030, rising at a CAGR of 34.4% from 2022 to 2030.
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GLOBAL EV CHARGING STATION MARKET, BY CHARGING STATION TYPE
When it comes to quantity, AC charging is the best contributor to this market, with 774.7 thousand items in 2018, and is predicted to succeed in 56,058.2 thousand items in 2030, registering at a CAGR of 27.3% from 2022 to 2030.
Nevertheless, DC Charging is projected to indicate the quickest progress. DC Charging was valued at 121.3 thousand items in 2018 and is predicted to succeed in 18,311.7 thousand items in 2030, registering a CAGR of 34.4% from 2022 to 2030.
GLOBAL EV CHARGING STATION MARKET, BY VEHICLE TYPE
When it comes to income, the passenger automotive is the best contributor in addition to the quickest rising phase of this market, with 650.1 thousand items in 2018, and is predicted to succeed in 58,033.9 thousand items in 2030, registering a CAGR of 29.5% from 2022 to 2030.
The sunshine business car stood at 144.3 thousand items in 2018 and is predicted to succeed in 9,638.3 thousand items in 2030, registering a CAGR of 26.4% from 2022 to 2030.
The Two-wheelers market stood at 77.8 thousand items in 2018, and is predicted to succeed in 4,527.0 thousand items in 2030, rising at a CAGR of 25.0% from 2022 to 2030.
The heavy business automobiles market stood at 23.9 thousand items in 2018, and is predicted to succeed in 2,170.7 thousand items in 2030, rising at a CAGR of 28.5% from 2022 to 2030 .
GLOBAL EV CHARGING STATION MARKET, BY APPLICATION
When it comes to income, the general public is the best contributor in addition to the quickest rising phase of this market, with 481.1 thousand items in 2018, and is predicted to succeed in 48,798.7 thousand items in 2030, registering a CAGR of 30.8% from 2022 to 2030.
The personal market stands at 414.9 thousand items in 2018, and is predicted to succeed in 25,571.2
thousand items in 2030, rising at a CAGR of 25.5% from 2022 to 2030.
GLOBAL EV CHARGING STATION MARKET, BY END USER
When it comes to quantity, the business is the best contributor in addition to the quickest rising phase of this market, with 767.8 thousand items in 2018, and is predicted to succeed in 67,166.6 thousand items in 2030, registering a CAGR of 29.3% from 2022 to 2030.
The residential market stood at 128.2 thousand items in 2018, and is predicted to succeed in 7,203.3 thousand items in 2030, rising at a CAGR of 24.1% from 2022 to 2030.
GLOBAL EV CHARGING STATION MARKET, BY REGION
The North America EV Charging Station Market stood at 91.9 thousand items in 2018, and is predicted to succeed in 2,835.9 thousand items in 2030, rising at a CAGR of 18.4% from 2022 to 2030. The US is the best contributor to this market, with 78.3 thousand items in 2018, and is predicted to succeed in 2,504.0 thousand items in 2030, registering a CAGR of 18.8%.
The Europe EV Charging Station Market stood at 281.3 thousand items in 2018, and is predicted to succeed in 17,263.6 thousand items in 2030, rising at a CAGR of 24.6% from 2022 to 2030. The Netherlands is the best contributor on this market, with 86.9 thousand. items in 2018, and is predicted to succeed in 4,135.1 thousand items in 2030, registering a CAGR of twenty-two.0% from 2022 to 2030.
The Asia Pacific EV Charging Station Market stood at 460.0 thousand items in 2018, and is predicted to succeed in 52,863.8 thousand items in 2030, rising at a CAGR of 31.9% from 2022 to 2030. China the best contributor on this market, with 260.3. thousand items in 2018, and is predicted to succeed in 32,136.4 thousand items in 2030, registering a CAGR of 32.7% from 2022 to 2030.
The LAMEA EV Charging Station Market stood at 62.8 thousand items in 2018, and is predicted to succeed in 1,406.6 thousand items in 2030, rising at a CAGR of 15.9% from 2022 to 2030. Brazil is the best which contributes to this market, with 9.9 thousand. items in 2018, and is predicted to succeed in 237.6 thousand items in 2030, registering a CAGR of 17.4% from 2022 to 2030.
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